Vanguard Capital Wealth Advisors Trims Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Vanguard Capital Wealth Advisors lessened its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 90.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,268 shares of the company’s stock after selling 197,962 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. IMC Chicago LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 469.0% during the first quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock valued at $22,226,000 after buying an additional 1,068,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Global X Nasdaq 100 Covered Call ETF by 485.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,141,127 shares of the company’s stock worth $20,164,000 after acquiring an additional 946,115 shares during the period. Foguth Wealth Management LLC. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after acquiring an additional 838,503 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth $12,233,000. Finally, Ameriprise Financial Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock valued at $52,883,000 after acquiring an additional 571,203 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $18.17 on Wednesday. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62. Global X Nasdaq 100 Covered Call ETF has a one year low of $16.42 and a one year high of $18.54. The business has a fifty day moving average price of $18.05 and a 200-day moving average price of $17.84.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 27th. Shareholders of record on Monday, August 24th were issued a dividend of $0.1829 per share. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date of this dividend was Monday, August 24th.

About Global X Nasdaq 100 Covered Call ETF

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.